A tentative plan for the week Big takeaway - range still ho | Timeless_Crypto on Binance Square

Trending Articles

Bookmarked and Liked

Timeless_Crypto

--

A tentative plan for the week
Big takeaway - range still holds within monthly bracket
Bulls have control locally 
Bears have regions to step in 
Big week
Enjoy #BTC 
https://app.vertexprotocol.com?referrer=timelessbeing

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

109,479.99

+0.22%

248

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Timeless_Crypto

@Timeless_Crypto

Explore More From Creator

People that actively trade how quick you have to be in the heat of moment You can say flip flop but that is exactly what you need to be Recognise a level you want with conviction, and notice the nuance around to make you change your mind not once, but thrice I consider myself incredibly lucky over the last 5 weeks Been in and out like an assassin Taken some Ls practised restraint All in all, good game As we go into the momentum end of the year we strive for more Nothing like being on a heater #BTC

--

Q VAH still remains a huge zone of friction This has crossed the level but what I mean by acceptance is #BTC needs to keep scrubbing around here and put in a multi day/week balance Compress above here, then good chance of a swift move higher But still premature to say this about to rocket here imo. If we round out and start drifting down slowly, there is a clear cut line where you play defence 104-103ish k to be traversed then take it from there imo #BTC

--

Again I can't stress this enough This is simply a snapshot of the books as they currently stand Only way to decipher whether this holds is if we get transactions in and around these zones of interest What this indicates for now provided orders stand, that it will take a lot more volume to push market higher than it would be to mean revert it So with that in mind, a ranging environment is still more than likely A BlueSky breakout with this signature? Sure, but would need a catalyst or some impetus to carry momentum (market buyers are needed) I personally think, upside is still capped and will be playing ping pong in between #BTC

--

Without a doubt it has been about #Fartcoin and $HYPE over the past quarter That said, I want to bring attention to the trade here For now looks to have reaccepted back inside yearly and qaurter value with an inability to reclaim the monthly vwap For now I think there is a high chance that the low we saw at 80 cents is not it Will eat a shit sandwich if wrong, but I think this is worth taking a contrarian bet on especially if you think $BTC can make another pull back over coming weeks I am betting on getting a bag lower than here and think the run it has had is certainly almost up in the interim

--

Bearish breadth (depth) across the board #BTC

--

Latest News

IBIT ETF Emerges as Third Highest Revenue Fund for BlackRock

--

Bitcoin's Rally Invalidates Bearish Pattern, Eyes New All-Time High

--

U.S. Treasury Secretary Comments on Interest Rates and Potential Fed Actions

--

Bitcoin News: Bitcoin Reverses From $110K as Hot U.S. Jobs Data Dims July Rate Cut Hopes

--

Crypto News: DOJ Recovers $40K in Crypto From Trump-Vance Scam, Credits Tether for Assistance

--

Cookie Preferences

Cookie Preferences